Winter has arrived...
4 replies (most recent on top)
If your principal asset can only be sold below cost, YOU don't have an asset...
Service companies are in deeper sh–. They have no assets and will struggle more....Good for them though, it is better to furlough than to fire people in these difficult times.
We’ve lost the same amount percentage wise so we’re in the same boat. 52 week high is something around $68-$69 now we are at $11
They have a problem. The stock was 75 in 2014, now they are a penny above six bucks.
They have a major problem and may cease to be a going concern.